September 12, 2018 / 6:24 AM / 2 months ago

BRIEF-Multifamily Housing REIT announces intention to float on London Stock Exchange

Sept 12 (Reuters) -

* MULTIFAMILY HOUSING REIT ANNOUNCES ITS INTENTION TO FLOAT ON THE MAIN MARKET OF THE LONDON STOCK EXCHANGE

* MULTIFAMILY HOUSING REIT INTENDS TO RAISE GROSS PROCEEDS OF 175 MILLION STG VIA ISSUE OF 175 MILLION ORDINARY SHARES

* MULTIFAMILY HOUSING REIT ANTICIPATES PAYING DIVIDENDS EQUATING TO APPROXIMATELY 4 PERCENT ANNUALISED FOR THE PERIOD FROM ADMISSION TO 31 MARCH 2019

* MULTIFAMILY HOUSING REIT WILL TARGET EQUAL QUARTERLY DIVIDENDS OF 5 PERCENT FOR YEAR ENDING 31 MARCH 2020 Source text for Eikon: Further company coverage: [ ] (Reporting by Emma Rumney)

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